Bestway Cement Limited · PSX:BWCL
Bestway Cement — Corporate Update (September 2023)
22 slides from Bestway Cement's corporate update, Sep 12, 2023
Slide 1: Bestway Cement Limited Corporate Briefing Session 2022-23
BESTWAY CEMENT LIMITED Corporate Briefing Session 2022-23 Bestway Cement Limited | 12 September 2023 Conducted by Facilitated by Mr. Muhammad Danish Khan (Acting CFO) Ms. Nadia Saleem (HOD Budgeting)
Slide 2: Contents
CONTENTS Bestway Key Highlights Corporate Group Social Responsibility Future Q&A Appendices Outlook Session Key Financial Data
Slide 3: Bestway Group
BESTWAY GROUP
Slide 4: Bestway Group – Fast Facts
BESTWAY GROUP – FAST FACTS Bestway Group Bestway Group Bestway Wholesale United Bank Limited Workforce 13th Largest 3rd Largest private business in UK +28,000 Global work force Independent Largest bank in wholesale operator Pakistan in the UK No. of Customers 7 th 18% $ PKR £12.3bn Largest family bu
Slide 5: Largest Cement Producer in Pakistan
LARGEST CEMENT PRODUCER IN PAKISTAN Bestway offers the widest range of products for domestic and international markets State-of-the-art production including tile adhesives. We’re lines at five locations the only cement producer Hattar Selling cement Farooqia tonnes cement per annum Chakwal productio
Slide 6: Product Portfolio
PRODUCT PORTFOLIO XTreme XrReme BESTWAY PAKCEM she, BOND,“ TILEGROUT — ORDINARY PORTLAND CEMENT ORDINARY PORTLAND CEMENT eee: Se ALL PURPOSE CEMENT ALL PURPOSE CEMENT LOW ALKALI DURA CEM €COCEM STALLION LOW HEAT CEMENT phOWALKAU :DURACEM ig SGUCEM | cxnitermccient _toyieaoenrmmneeaienr STALLION BUZK
Slide 7: Key Highlights
=n KEY HIGHLIGHTS
Slide 8: Significant Highlights
SIGNIFICANT HIGHLIGHTS of 7,200 TPD clinker each were successfully commissioned in record time at Mianwali (Greenfield) and from 55.4 MW in June 2022 to resulted in Bestway retaining Hattar (Brownfield). Both lines 89.6 MW in June 2023. This is its position as the lowest cost are equipped with Waste
Slide 9: BCL Capacity Utilisation
BCL CAPACITY UTILISATION 73% 54% 2022-23 2021-22
Slide 10: Industry Growth and BCL Market Share
INDUSTRY GROWTH AND BCL MARKET SHARE (BASED ON DESPATCHES) Industry Local Cement Sales Growth/(Decline) BCL Market Share – Total Cement Sales BCL -1% -6% 2022-23 2021-22 21% 15% 19% 16% -16% -16% 64% 65% 2022-23 2021-22
Slide 11: Financial Performance
FINANCIAL PERFORMANCE 40,000.0 35,000.0 30,000.0 +27,063 -11,048 25,000.0 20,000.0 +586 -5,348 15,000.0 -15 -1,599 11,892 10,239 -11,692 +288 10,000.0 +3,417 5,000.0 - (5,000.0) •Net revenue Increased by 15.3 billion (21%): • Admin expenses decreased mainly due to reduction in •Volume Impact: Sales
Slide 12: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS Financial Measure 2022-23 2021-22 Debt : Equity Ratio Dividend Payout Operating Profit Cash from Operating activities CAPEX Contribution to Exchequer
Slide 13: Current Power Mix
CURRENT CURRENT POWER POWER MIX MIX
Slide 14: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY
Slide 15: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY • 1,178 students receiving education at • Free medical facilities are provided to • Hum Sahara program aimed at Bestway schools and college. thousands of patients in the local providing crucial aid and housing to • Construction of 1 new school at community. most sever
Slide 16: Future Outlook
FUTURE OUTLOOK
Slide 17: Future Outlook
FUTURE OUTLOOK The The expected During July and We are working to unprecedented future inflows from August 2023 enhance our solar economic and friendly countries cement dispatches power generation political crisis is can provide some have been much capacity further. likely to hamper short term relie
Slide 18: Question & Answer Session
(;--] QUESTION & ANSWER SESSION
Slide 19: Appendices
=n APPENDICES
Slide 20: Sales Volume
SALES VOLUME Industry BCL Description June-23 June-22 YOY June-23 June-22 YOY Domestic-North 32,849,190 39,438,308 (17%) 6,493,233 7,719,267 (16%) Domestic- South 7,237,202 8,196,939 (12%) - - 0% Domestic- Total 40,086,392 47,635,247 (16%) 6,493,233 7,719,267 (16%) Exports-North 1,071,123 911,944 17
Slide 21: Key Financial Data
KEY FINANCIAL DATA HISTORICAL DATA OPERATING RESULTS 2023 2022 2021 2020 2019 2018 2017 (PKR Millions) Net turnover 87,742 72,370 56,864 37,129 53,602 52,884 51,624 Cost of sales 60,426 49,377 40,261 36,012 37,557 33,928 29,091 Gross profit 27,316 22,993 16,603 1,117 16,045 18,956 22,533 Operating p
Slide 22: Key Financial Data – Significant Financial Ratios
KEY FINANCIAL DATA HISTORICAL DATA SIGNIFICANT FINANCIAL RATIOS 2023 2022 2021 2020 2019 2018 2017 (Percentage) Gross profit ratio 31.04 31.94 29.20 3.01 29.93 35.84 43.65 Net profit ratio 13.51 13.89 20.36 0.13 18.84 24.88 25.75 Interest coverage ratio 4.31 14.57 15.51 0.76 9.84 25.94 23.46 Return